The need to adapt in the energy storage era

The traditional automotive industry had been reluctant to embrace the electricity revolution. But Porsche’s recent announcement that it would be doubling its investment in electric vehicles (EVs) to €6 billion by 2022 can be seen as a wakeup call. The battery vehicles are coming.

And Porsche is not the only one. Other automotive companies are on the same path and investment in EVs from the EU and US automotive industries totals about €90 billion in the next five years. There is no time left to hide.

2_Battery-Storage_Glassenbury_VLC Energy
In short, energy storage technology is set to revolutionise our society, EVs and beyond, with power companies among the most affected – whether they like it or not. The sector needs to wake up to this and decide what it is going to do about it. Education could provide the wake-up call that power professionals need.

Read more: Clean Energy News

By |2020-12-24T11:31:08+00:00May 6th, 2018|Electric Cars, News, Opinion, Reviews, Solar and Battery, Uncategorized|
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